Monsanto & Roundup lose cancer trial in San Francisco

**arthunter** · 08-22-2018 12:14 PM

COMMENTARY: County health concerns should be call to action
By Laura Morgan, MD, and Padi Selwyn

**EmeraldMatra** · 08-23-2018 12:41 AM

Bayer dumped Monsanto name, but not its troubles
https://www.cbsnews.com/news/bayer-dumped-monsanto-name-but-not-its-troubles/

CBS News: "For Bayer, the cost of buying Monsanto is proving higher than the $66 billion it paid for the U.S. agrochemical company... Somewhat higher than the $277 million set aside by Monsanto to pay for the litigation, Friday's federal jury ruling is only the first of thousands of unresolved claims related to the weed killer...

"With another 2,000-plus cases pending, this looks potentially ruinous for Bayer," Bernstein analysts led by Jonas Oxgaard wrote in a client note... Bayer is likely to pull Roundup from gardening uses, according to the investment bank. That could cost the company $200 million in revenue...

Adding fuel to the potential public relations fire for Bayer and Monsanto, an advocacy group on Wednesday released the findings of a study that found glyphosate in a number of popular oats-based cereals and granola bars...

The problems for Bayer aren't limited to Roundup. The Canadian government on Wednesday said it would restrict... clothianidin pesticide, and could decide later in the year to phase out another Bayer product, imidacloprid. Both belong to a class of pesticides that the European Union has proposed banning...

Still, looking to avoid linking its brand to protesters and genetically modified crops, Bayer in June confirmed that it would shelve the Monsanto name, and acknowledged the public's unease with the U.S. company's products...

After falling more than 10 percent on Monday as investors mulled the implications of Friday's verdict, Bayer shares steadied the following day only to slide another nearly 4 percent on Wednesday."